USD/JPY: dollar corrected to SSA’s support

06:54 20.07.2018

Technical levels: support – 112.10; resistance – 113.00.

Trade recommendations:

Buy — 112.10; SL — 111.90; TP1 — 112.90; TP2 — 113.50.

Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal; a market reached SSA’s support and may bounce to last highs.